• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Jim Rickards

GoldCore's picture

Cyber Fraud At SWIFT – $81 Million Stolen From Central Bank





Jim Rickards commented to GoldCore today about the cyber theft: "The case for owning gold in an age of cyber-financial threats is compelling ... "

 
Secular Investor's picture

The New Case For Gold Stocks





As gold gets scarce for investors, a full-blown buying hysteria could hit gold stocks...

 
Sprott Money's picture

2018 – SDR World Currency Backed with Gold





Tomorrow is already here, we just haven’t awakened to hear the news.

 
Tyler Durden's picture

The Keynesian Monetary Quacks Are Lost - Grasping For The Bogeyman Of 1937





What’s a Keynesian monetary quack to do when the economy and markets fail to remain “on message” within a few weeks of grandiose declarations that this time, printing truckloads of money has somehow “worked”, in defiance of centuries of experience, and in blatant violation of sound theory? In the weeks since the largely meaningless December rate hike, numerous armchair central planners, many of whom seem to be pining for even more monetary insanity than the actual planners, have begun to berate the Fed for inadvertently summoning that great bugaboo of modern-day money cranks, the “ghost of 1937”.

 
Bruno de Landevoisin's picture

Betting on Deflation May Be a Huge Mistake. Here’s Why…….





Inflation on the things we NEED..........Deflation on the things we don't NEED.........welcome to the machine.

 
Tyler Durden's picture

2015 Year In Review - Scenic Vistas From Mount Stupid





“To the intelligent man or woman, life appears infinitely mysterious, but the stupid have an answer for everything.” ~Edward Abbey

 
GoldCore's picture

Gold Is Real Money That Protects The Wealth of Nations





“Do not believe in anything simply because you have heard it. Do not believe in anything simply because it is spoken and rumored by many. Do not believe in anything because it is found written in your religious books. Do not believe in anything merely on the authority of your teachers and elders.” - Buddha

 
Tyler Durden's picture

Have You Heard Of This Digital Currency That's A Total Scam?





You don’t actually have any savings. When you make a deposit, you’re trading your money for a banker’s promise to repay you. And there are countless regulations giving them the authority to break that promise. (If you want to test this premise, try withdrawing $25,000 just to see how your bank reacts.) That’s the system that controls your wealth today. It’s almost entirely digital. And it’s run by unelected bureaucrats whose interests are not aligned with your own. This is not a free system. And any rational person should consider parking at least a rainy day fund outside of this system.

 
Tyler Durden's picture

The Fed Desperately Tries To Maintain The Status Quo





The production structure has long since adapted to ZIRP and “short-term gambling, punting on momentum-driven moves, on levered buybacks” are further lifting the opportunity costs of abandoning it. In order to try to rescue its credibility, the Fed may decide to try some timid, quarter-point increases. But what will they do if markets really crash?

 
Tyler Durden's picture

What's Next: Deflation, Inflation, Or Hyperinflation?





Almost all serious analysts see a Terminal problem developing - "We will go from deflation to hyperinflation without seeing inflation." But hyperinflation is a political phenomenon. It is caused by those same authorities the masses think they can trust. When they are threatened, they will protect themselves by printing money on a scale we haven’t seen since the War Between the States (consumer prices in Richmond, Virginia, had risen 6,700% by the end of the war).

 
Tyler Durden's picture

David Petraeus, "Treasury Analyst": Please Don't Quit Your Day Job





Somehow everything in the following statement from David Petraeus is wrong: "There is no shortage of customers for the purchase of U.S. Treasuries," said Petraeus.... "Given the relative strength of the U.S. economy and the prospect of the Fed raising interest rates at some point in the months ahead, I suspect there will continue to be very keen interest in U.S. Treasuries." 

 
GoldCore's picture

Have 10% of Wealth In Gold As “Fire Insurance” - Rickards





Rickards said that gold is like “fire insurance on your house” ... “Nobody wants their house to burn down but if it does you are glad you have some insurance”. 

 
Tyler Durden's picture

CyberWar & The False Comfort Of Mutually Assured Destruction





As an investor, you have enough to be concerned about just taking into account factors like inflation, deflation, Fed policy and the overall state of the economy. Now you have another major threat looming – financial warfare, enabled by cyberattacks and force multipliers. What can you do to preserve wealth when these cyberfinancial wars break out? The key is to have some portion of your total assets invested in nondigital assets that cannot be hacked, wiped out or disrupted by financial warfare. The time to take defensive action by acquiring some non-digital assets is now.

 
Tyler Durden's picture

Exorbitant Privilege: "The Dollar Is Our Currency But Your Problem"





There is no better way to describe the international monetary system today than through the statement made in 1971 by U.S. Treasury Secretary, John Connally. He said to his counterparts during a Rome G-10 meeting in November 1971, shortly after the Nixon administration ended the dollar’s convertibility into gold and shifted the international monetary system into a global floating exchange rate regime that, "The dollar is our currency, but your problem.” This remains the U.S. policy towards the international community even today. On several occasions both the past and present chairpersons of the Fed, Ben Bernanke and Janet Yellen, have indicated it still is the U.S. policy as it concerns the dollar. Is China saying to the world, but more particularly to the U.S., “The yuan is our currency but your problem”?

 
Syndicate content
Do NOT follow this link or you will be banned from the site!